Mixed-Use

954 Willow St

954 Willow St, San Jose, CA 95125

Listing Price: $1,599,000

Cap Rate
1.41%
Number of Units
2
GRM
37.27
Occupancy
100.00%
Price/Unit
$799,500
Price/Gross SF
$1,138.89
Gross SF
1,404

Investment Overview

Located just 3 blocks away from highly desired Downtown Willow Glen, this subject property consists of a 1,404 square foot building on an 8,640 square foot lot. this property is also located just 1.5 miles from the proposed Google Village and downtown San Jose.

This property currently has a single tenant with the potential of two. it has a 1-bedroom / 1-bath apartment building on the back unit and a 4-room open concept / .5 bath office unit in the front. these two sections are conjoined by a hallway and have been previously rented out by tenants who lived in the back and operate their small business in the front. they have also had two separate tenants in each of the units at times as well. this property does currently have a metal roll gate on the south side of the property with a large backyard for parking.

954 Willow Street is also located in a Commercial Neighborhood within San Jose and, according to the City of San Jose zoning maps, has a 3.5 FAR (Floor Area Ratio). This allows for an investor to redevelop the property and build up to 30,000 square feet and 5 stories. the close proximity to Downtown Willow Glen makes it ideal for a newly constructed office building with the potential of subterranean parking entering on Willow Street and exiting to Kottenberg.

Investment Highlights

  • 3 Blocks Away From Downtown Willow Glen & Lincoln Avenue
  • 1.5 Miles From Proposed Google Village
  • Commercial Neighborhood Zoning (City of San Jose Zoning Map)
  • 3.5 FAR (Floor Area Ratio): ~30,000 Square Foot Building

Exclusively Listed By

Listing Price: $1,599,000

Cap Rate
1.41%
Number of Units
2
GRM
37.27
Occupancy
100.00%
Price/Unit
$799,500
Price/Gross SF
$1,138.89
Gross SF
1,404

Investment Highlights

  • 3 Blocks Away From Downtown Willow Glen & Lincoln Avenue
  • 1.5 Miles From Proposed Google Village
  • Commercial Neighborhood Zoning (City of San Jose Zoning Map)
  • 3.5 FAR (Floor Area Ratio): ~30,000 Square Foot Building

Investment Overview

Located just 3 blocks away from highly desired Downtown Willow Glen, this subject property consists of a 1,404 square foot building on an 8,640 square foot lot. this property is also located just 1.5 miles from the proposed Google Village and downtown San Jose.

This property currently has a single tenant with the potential of two. it has a 1-bedroom / 1-bath apartment building on the back unit and a 4-room open concept / .5 bath office unit in the front. these two sections are conjoined by a hallway and have been previously rented out by tenants who lived in the back and operate their small business in the front. they have also had two separate tenants in each of the units at times as well. this property does currently have a metal roll gate on the south side of the property with a large backyard for parking.

954 Willow Street is also located in a Commercial Neighborhood within San Jose and, according to the City of San Jose zoning maps, has a 3.5 FAR (Floor Area Ratio). This allows for an investor to redevelop the property and build up to 30,000 square feet and 5 stories. the close proximity to Downtown Willow Glen makes it ideal for a newly constructed office building with the potential of subterranean parking entering on Willow Street and exiting to Kottenberg.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower